JDS Growth and Property Markets Group’s 111 West 57th Avenue is nearly throughout the sellout end line.
One of many final remaining items on the Billionaires’ Row tower, asking $18.3 million, discovered a purchaser and topped Manhattan’s luxurious market final week, in accordance with Olshan Realty’s report. The condominium was the most costly of 20 properties asking $4 million or extra to enter contract between Jan. 5 and Jan. 11, up from simply 13 within the previous period.
Unit 36 initially requested $21.3 million when the builders started advertising condos off of flooring plans roughly a decade in the past. The residence spans 4,500 sq. ft and has three bedrooms and three bogs. It additionally options 14-foot ceilings and views of Central Park.
The deal leaves solely two of the constructing’s 60 items obtainable, together with the supertall’s crown jewel penthouse, a quadplex which hit the market in April for $110 million. The opposite condominium nonetheless in the marketplace is penthouse No. 76, asking $49 million.
Up to now, offers have closed for a median of $4,500 per sq. foot, with among the constructing’s priciest gross sales together with the $56 million deal for penthouse No. 72.
The Nikki Discipline Crew with Sotheby’s Worldwide took over sales at the building in July 2025. Additionally referred to as Steinway Tower, the property contains facilities corresponding to a pool, health heart and personal eating room.
The second priciest house to nab an inked deal was a penthouse at 1049 Fifth Avenue, with an asking value of $11.6 million. The Higher East Facet condominium hit the market in Might, asking just below $11.75 million. The vendor purchased it from the late radio host and political commentator Rush Limbaugh for just below $12 million in 2010.
The 4,700-square-foot residence spans the complete twentieth flooring and has 5 bedrooms and 5 bogs. It additionally options 4 terraces and views of Central Park. The pending deal features a third-floor studio.
Compass’ Steve Dawson, Dan Colson and the Hudson Advisory Crew had the itemizing.
Of the 20 properties to seek out patrons, 12 have been condos, 4 have been co-ops, one was a condop and three have been townhouses.
The houses requested a mixed $147 million, which works out to a median of $7.4 million and a median of $6.3 million. The standard house was in the marketplace for greater than 3 years and had a reduction of 10 p.c.
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